Listing courtesy of Serhant 646-480-7665
64 DE SALES Place, Brooklyn, (Bushwick), NY, 11207
12 rooms
5 beds
2 Full baths
1905
Nestled in the vibrant heart of Bushwick, Brooklyn, 64 De Sales Place is a sterling investment opportunity that combines modern living with lucrative earning potential. This elegant 2-family townhouse, built in 1905, has been beautifully updated to offer stylish, sun-drenched living spaces and a private backyard oasis, a rare luxury in the city. Each of the two units features its own entrance, enhancing privacy and flexibility.
Spanning two units and basement storage with an average rent of $3,150 per unit, this property showcases a solid financial profile with a potential gross income of over $7,300 monthly, factoring in a 10% vacancy rate. The rents are attractive, with Unit 1 at $3,300, Unit 2 has a current tenant in place until September at $2,999, and additional income from basement storage at $1,000 monthly.
Offered at a purchase price of $1,595,000 with an entry cap rate of 4.65%, 64 De Sales Place stands as a compelling investment in a Qualified Opportunity Zone, promising both a comfortable living environment and excellent financial growth potential. With strong rental demand in Bushwick, this property not only serves as a beautiful home but also a smart investment in one of Brooklyn's most dynamic neighborhoods. Don't miss out on this remarkable opportunity-schedule your tour today to see why this is such an exceptional deal!
Status:
Active
Town:
Brooklyn
Type:
Condo/Coop
Laundry Remarks:
In Unit
Units:
-1
Cooling:
Other
Basement:
Other
Levels:
1
Lot Size:
100.00x18.00
Est. Taxes:
$2,940
View Description:
Other
Pet Policy:
Building Yes, No
MLS #:
RLS10977295
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